About 3850 Yellow Point Rd
Set in a picturesque Yellow Point setting, this extraordinary 100-acre ocean front property offers a rare blend of privacy, natural beauty, and investment potential. The proposed seven-lot subdivision is in the final stages of approval, consisting of 6 new lots, each serviced with a registered well, proof of septic areas, Hydro and cable at the street and a remainder property, (lot 7). The 6 lots range in area from 5 to 29 acres, totaling 64 acres, with the remaining waterfront 38 acres, for a total of 102 acres. The CVRD, First Nations, and MoTT requirements, including road construction, have been completed. The remaining 38 acre property, lot 7, has the potential to create a further 6-lot subdivision. The subdivision application for an additional 6 lots or phase 3 has been submitted and the Archeological, Enviro and survey requirements have been completed. This creates an outstanding opportunity and a legacy property. Featuring a diverse landscape of sun-drenched meadows, mature forested areas, ponds, creeks, sandstone outcroppings, and select ocean frontage, creating a truly remarkable West Coast environment. Ideally located in a peaceful rural area between Ladysmith and Nanaimo. This one-of-a-kind offering presents an exceptional opportunity to create a very desirable investment opportunity or build a private residence immersed in nature. Zoned A2. The property boasts varied topography and significant potential for a range of agricultural or lifestyle uses. An existing two-bedroom cottage provides accommodation while you plan and develop the property. The land is well-serviced with 8 drilled wells, several producing excellent water. A main access road is already in place to support development. Very accessible to airport and BC ferries at Duke Point and an easy drive to Victoria (id:6289)
More Info on this Cedar House MLS® listing
3850 Yellow Point Rd is a house listing for sale in Nanaimo. The MLS® number is 1046989. It features 2 bedrooms, 2 bathrooms and covers 850 square feet. It's currently listed for $4,900,000. For more details on MLS® 1046989, including price history, disclosures, or to schedule a private showing, fill out the form on this page. This house listing in Cedar is available now!
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